How Blockchain Is Transforming Real-World Finance
In Dubai, Nexum has quietly worked for years to create a new way to handle global finances. Using blockchain technology, Nexum aims to connect the old financial systems with a decentralized future. Its goal is to offer new solutions that meet the needs of industries like shipping, trade finance, and commodities.
As economies face problems with slow processes and strict rules, Nexum’s blockchain tools promise faster, safer, and more inclusive financial transactions.
The problem: the old financial system isn’t working well anymore
Traditional finance, even though it underpins global trade, has many issues. Transactions can take a long time, cost a lot in fees, and often lack transparency. In shipping and other cross-border sectors, these problems are even clearer. The shipping industry, which handles much of world trade, faces issues like fraud, delays in payments, and difficulty for small companies to get funding.
Nexum saw an opportunity in this situation. As blockchain became more common, the company realized it could offer a better way. Blockchain’s ability to create a secure, transparent, and decentralized system could directly solve these problems. It could make transactions quicker, safer, and more open.
Today’s financial system relies on outdated steps. Nexum saw blockchain as a way to add clarity, speed, and fairness to these industries.
Bringing two worlds together: traditional finance and decentralized finance
Nexum’s goal is to make a future where traditional finance and decentralized finance (DeFi) work side by side. The idea is simple: use blockchain's decentralized nature to improve financial systems while staying within the rules.
To reach this goal, Nexum created several products that solve real problems. These tools are more than ideas; they are ready to use in industries right now.
Nexum Hub: Protecting Data and Meeting Rules
One key product is Nexum Hub. It helps businesses store customer data safely and complies with rules like GDPR. The platform uses blockchain to keep personal information secure through identity-linked NFTs. This makes data less likely to be stolen or lost through a single failure.
Nexum Hub lets people access financial services in a decentralized way while meeting the rules like the Travel Rule. This makes it easier to connect blockchain with traditional finance.
Another main product is Nexum’s blockchain lending platform. In shipping, getting money quickly is often hard because the process can be slow and complex. Nexum’s platform aims to fix this by making lending easier with blockchain.
By using the unchangeable ledger of blockchain, Nexum keeps all transactions safe and clear. The platform works with regular money and stablecoins, allowing quick and accurate cross-border payments.